Construction Insurance, Benefits and Risk Advisory

Construction risk changes with the work you take on

Construction risk changes with project role, delivery method, contract structure, workforce and the type of work being performed. Owners and developers, general contractors and subcontractors may share the same project, but they do not carry the same responsibilities or control the same risks.

HUB’s construction specialists work across the industry in Canada to help organizations understand the risks connected to the work they perform, the contracts they sign, the people they rely on and the projects they take on. We bring together construction insurance, risk advisory and workforce solutions to help protect the business behind the build.

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Stay Ahead of Industry Challenges

Different roles carry different construction risks

Construction risk depends on where an organization sits in the project, what it controls and what it has agreed to deliver. Contract structure, project type, workforce, location and delivery model can all change where exposure sits and how it should be managed.

Top Risk Exposures

Coordination Gap

General Contractor: Manage risk across the project you control

General contractors coordinate project delivery while managing subcontractors, schedules, safety, contractual obligations and cost pressures. Subcontractor prequalification, contractual risk transfer, CCDC contracts and other project agreements, workplace safety and claims performance can all affect the contractor’s broader risk profile.

Depending on the project, wrap-up liability or another project-specific insurance structure may also be considered. The appropriate approach depends on the project, participating contractors and risks involved.

Coverage Gap

Construction Developers & Owners: Structure protection around the project you own

Owners and developers may be managing construction as part of a real estate, healthcare, education or other capital program. Their decisions can shape project risk across delivery method, contracts, project property, design responsibilities and the insurance requirements established for participating contractors.

Depending on the project, course of construction coverage, professional liability and wrap-up liability may be relevant. The starting point is the owner’s own exposure and responsibilities, rather than assuming contractors’ insurance addresses every risk retained at the project level

Regulatory Exposure

Subcontractor: Meet project requirements while protecting your own business

Subcontractors often work within insurance and contract requirements established by owners and general contractors. Certificates of insurance, indemnification terms, safety requirements and bonding obligations can all affect access to projects.

Workers’ compensation and workplace safety requirements can also vary by province or territory. HUB helps subcontractors understand the obligations they are accepting and assess whether their insurance and risk management approach supports the work they are pursuing.

Coverage Gap

Project Type: The work itself changes the exposure

Commercial, institutional and residential construction can create different contractual, operational and long-term liability exposures. Larger commercial and public projects may involve more complex procurement and project structures, while homebuilders can face extended completed operations, construction defect, subcontractor and provincial new home warranty exposures, including requirements under Tarion in Ontario and applicable programs in Quebec, British Columbia and Alberta.

Risk Strategies & Solutions

Coordinated programs that hold together when projects get complicated

Generic contractor insurance policies are designed for simple projects. HUB’s advisors design programs across liability, property, surety, employee benefits and risk management that are built to work together so that a workers’ compensation claim, a subcontractor default or a project delay don’t each create separate coverage gaps.

Tailored Solutions for Your Industry

HUB’s Impact

Construction expertise from every side of the project

Construction organizations turn to HUB for more than insurance placement. Our specialists understand how risk changes with project type, contract structure, workforce, operating environment and the responsibilities an organization accepts.

HUB brings construction knowledge together with risk advisory, claims, surety and workforce expertise to help clients understand their exposures, align their programs with how they operate and make more informed decisions as projects and businesses evolve.

Case Studies

Coverage Closed

"At the end of the day, it's the relationship. When other brokers passed on our account because of its complexity, HUB stepped in. They had the resources and the willingness to engage and that willingness is what sets them apart."

Jesse Barba, General Counsel, Rioco

Workforce Protected

“Our goal and focus are on the total employee. Our program gives the employee tools to talk about issues like suicide, health, wellness and safety with others — whether on the job or at home.”

Jason Malatak, Risk Manager, Mosites Construction & Development Company

Workforce Protected

"HUB is more than just an insurance broker; they’re a resource. They’ve brought solutions to me on more than safety."

Brian Garcea, Principal, RG Construction

Growth Enabled

"We have had an excellent experience over the past year working with HUB International on the insurance placement for our Echo Suites Hotels by Wyndham. Their team demonstrated a strong understanding of both the hospitality and construction industry, provided clear guidance and collaboration throughout. We value the partnership and look forward to continuing working with HUB to grow our portfolio of hotels."

Joe Maile, Director of Insurance & Risk Management, Cox Universal Group, Inc.

Cost Contained

Anonymous (Construction Contractor)

Prevailing wage is a cornerstone of labour regulations, shaping the construction industry's financial landscape and ensuring fair worker compensation. Learn more below about prevailing wage regulations and strategies to build a resilient workforce.

HUB Prevailing Wage Solutions

Workforce Protected

“Our goal and focus are on the whole employee. Our program gives employees tools to talk about issues like suicide, health, wellness, and safety with others — whether on the job or at home.”

Jason Malatak, Risk Manager, Mosites Construction & Development Company